Kallanish

Last week the European HDG market showed that trade barriers continue to have an important role in driving market sentiment. European suppliers increased their offers, supported by the issues created by safeguard measures as well as the ongoing anti-dumping investigation on Turkish and Russian imports into the continent.

While global car production is suffering from the shortage of semiconductor chips, the production of electric vehicles faces the additional obstacle of insufficient capacity of electrical steel, according to analytics agency IHS Markit.

Manufacturers of diverse machineries are struggling to negotiate supply contracts with steel mills for 2022, particularly for …

This is the last edition of the Kallanish Steel Weekly for 2021, the publication takes a short break, but will be back in early January 2022 to continue following the global market trends. 2021 was an extra-ordinary year for steel prices. As the year comes to an end we have …

Seaborne iron ore prices returned to a declining trend on Thursday last week, with weaker-than-expected November financial data hitting market confidence.

The Kallanish KORE 62% Fe index dropped on Thursday $3.78/tonne to $103.11/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index declined $3.87/t to $120.24/dmt cfr, but the …